7th Pay Commission arrears to be paid ahead of festival season - The Sen Times

New
Delhi: The central government is going to start payment of salaries to
its 48 lakh officials and employees according to 7th Pay Commission
award from August and arrears are to be paid ahead of the Dusshera
festival.

Finance Minister Arun Jaitley has not been under pressure to meet the demand of 7th Pay Commission award.

As per official calculation, no huge amount will be required for the payment of arrears.

The
government in its annual budget has provisioned Rs 70,000 crore to meet
the demand for implementation of 7th Pay Commission for central
government employees which will take effect from January 1, 2016, while
the allowances would be paid from the date of implementation.

The
cabinet is likely to approve the new pay scales for central government
employees after considering report of the 7th Pay Commission, led by
Justice A K Mathur, and the report of the 13 member Empowered Committee
of Secretaries headed Cabinet Secretary P K Sinha to process the
recommendations of the 7th Pay Commission, which was set up in January.

The
Empowered Committee of Secretaries agreed to 30 percent pay raises for
central government employees during their Tuesday meeting.

“Central
government employees could get the revised pay and allowances from
their August salaries and arrears are to be paid ahead of festival
season in one installment,” sources close to officials working on the
implementation of the 7th Pay Commission report said.

The
sources familiar with the developments told The Sen Times that the
Finance Minister Arun Jaitley has not been under pressure to meet the
demand as he has allocated money in this head in the national exchequer.

“Notification
will be issued with in one month after cabinet nod, so we hopefully say
that central government employees will get new pay and arrears in
August and October respectively,” a source close to the developments
told The Sen Times. Read at The Sen Times

7th Pay Commission: Government employees will get hiked salaries from 1st August - Jagran News

New
Delhi: The month of August could bring happiness to lakhs of Central
Government employees and pensioners as there is a media report that
suggests that the 7th Pay Commission could get in force on 1st of
August.

The
decision on the matter was supposed to have been taken in the month of
April, when a meeting of 7th Pay Commission committe chaired by Cabinet
Secretary P K Sinha was conducted in New Delhi. The meeting's agenda
also included giving final touches to the recommendations before they
were handed over to the Finance Ministry.

When
it comes into effect with retrospective effect from January 1, 2016,
salary packages of 47 lakh Central Government employees and 52 lakh
pensioners will be impacted.

Although,
it is not clear as yet whether the arrears will also be credited along
with the revised pay, which means it isn't clear whether the past dues
will be credited in one go or be paid out in installments.

Sources
say that government will go by the recommendations of Secretaries Panel
as latter has taken into account concerns of every stakeholder,
including Employees' Unions and Trade Unions. Read at Jagran

7th Pay Commission: Double bonus for Government employees – salary hike from August, six month arrears in October - India.com

Around
47 lakh Central Government employees are eagerly awaiting the salary
hike, along with the 52 lakh pensioners who are expecting a significant
increase in the monthly pension provided to them.

New
Delhi, June 16: As per the latest updates related to 7th Pay
Commission, the government is likely to give a double bonus for those
working under the central government. According to reports, the
Commission has decided that salaries would be hiked from August 1 and
six months arrears will be paid to the employees in one installment in
October.

As
per the recent developments, the government has already started working
to credit the hiked salaries in the accounts of employees from August
1, 2016. Around 47 lakh Central Government employees are eagerly
awaiting the salary hike, along with the 52 lakh pensioners who are
expecting a significant increase in the monthly pension provided to them
which was also promised by Narendra Modi government.

The
Seventh Pay Commission will be implemented from July and the increased
payout will be credited in employee’s’ account on August 1.

On
Thursday a news report suggested that the six months arrears from
January to July will be handed before Dussehra festival which is in
October.

An
unidentified official working with the commission was quoted by The
Financial Express saying, “Central government employees could get the
revised pay-scales with their July salaries that would be credited on
August 1″.

There
was a meeting held on Tuesday where Cabinet Secretary P K Sinha along
with other Empowered Committee of Secretaries sat for few hours and
submitted its final report. Report suggest that, Secretaries Panel in
its final report has recommended 30 per cent hike which is more than
what was proposed by the pay panel i its November report.

The
commission had earlier recommended a minimum monthly basic salary of Rs
18,000 and maximum of Rs 2,50,000. With the 30 per cent hike the
minimum basic monthly pay will be Rs 23,500 and the maximum will be Rs
3,25,000. The new reforms will directly impact the Central Budget by Rs
73,650 crore and the Railway Budget by Rs 28,450 crore. Read at India.com

Salary hike: Employees could get more than recommendation by Pay Commission - Jagran News

After mulling over Pay Commission's recommendations, the government found that the staffers need more hike than recommended cap.

If
Finance Ministry does not face any complexity in making funds
available, the minimum proposed hike of 2.57 percent could be increased
to 2.9 percent.

Media
reports suggest that the 7th Pay Commission could get in force from 1st
of August. The decision on the matter was supposed to have been taken
in the month of April, when a meeting of 7th Pay Commission Committee
chaired by Cabinet Secretary P K Sinha was conducted in New Delhi. The
meeting's agenda also included giving final touches to the
recommendations before they were handed over to the Finance Ministry.

When
it comes into effect with retrospective effect from January 1, 2016,
salary packages of 47 lakh Central Government employees and 52 lakh
pensioners will be impacted. Read at Jagran